LondonMetric Regulatory News (LMP)

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

LONDONMETRIC PROPERTY PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

LondonMetric Property plc

(d)

Date position held/dealing undertaken:

05 Mar 2024

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

YES: LXI REIT PLC

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

9,273,279

0.85%

17,278,634

1.58%

(2) Cash-settled derivatives:

17,017,737

1.56%

2,990,516

0.27%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

26,291,016

2.40%

20,269,150

1.85%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

10p ordinary

Sale

4823594

1.9033 GBP

1.8046 GBP

10p ordinary

Purchase

8700630

1.8580 GBP

1.8038 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

CFD

Closing Long

31

1.8400 GBP

10p ordinary

SWAP

Closing Long

773

1.8405 GBP

10p ordinary

SWAP

Closing Long

1,520

1.8580 GBP

10p ordinary

CFD

Closing Long

3,595

1.8511 GBP

10p ordinary

CFD

Closing Long

4,396

1.8536 GBP

10p ordinary

CFD

Closing Long

10,138

1.8523 GBP

10p ordinary

CFD

Closing Long

11,227

1.8501 GBP

10p ordinary

SWAP

Decreasing Long

213

1.8510 GBP

10p ordinary

SWAP

Decreasing Long

936

1.8314 GBP

10p ordinary

SWAP

Decreasing Long

1,176

1.8498 GBP

10p ordinary

SWAP

Decreasing Long

2,327

1.8545 GBP

10p ordinary

SWAP

Decreasing Long

3,149

1.8551 GBP

10p ordinary

SWAP

Decreasing Long

4,790

1.8455 GBP

10p ordinary

SWAP

Decreasing Long

16,266

0.0000 GBP

10p ordinary

SWAP

Decreasing Long

45,873

1.8580 GBP

10p ordinary

SWAP

Decreasing Short

200

1.8489 GBP

10p ordinary

SWAP

Decreasing Short

509

1.8428 GBP

10p ordinary

SWAP

Decreasing Short

1,946

1.8452 GBP

10p ordinary

SWAP

Decreasing Short

3,791

1.8477 GBP

10p ordinary

SWAP

Decreasing Short

9,749

1.8579 GBP

10p ordinary

SWAP

Decreasing Short

721,982

0.0000 GBP

10p ordinary

SWAP

Increasing Long

471

1.8493 GBP

10p ordinary

SWAP

Increasing Long

727

1.8440 GBP

10p ordinary

SWAP

Increasing Long

1,619

1.8490 GBP

10p ordinary

SWAP

Increasing Long

1,651

1.8498 GBP

10p ordinary

SWAP

Increasing Long

2,242

1.8403 GBP

10p ordinary

SWAP

Increasing Long

4,313

1.8474 GBP

10p ordinary

SWAP

Increasing Long

6,119

1.8522 GBP

10p ordinary

SWAP

Increasing Long

6,785

1.8529 GBP

10p ordinary

SWAP

Increasing Long

22,191

1.8497 GBP

10p ordinary

SWAP

Increasing Long

49,035

1.8517 GBP

10p ordinary

SWAP

Increasing Long

69,803

1.8515 GBP

10p ordinary

SWAP

Increasing Long

195,080

1.8580 GBP

10p ordinary

SWAP

Increasing Long

239,670

1.8579 GBP

10p ordinary

SWAP

Increasing Long

3,331,203

0.0000 GBP

10p ordinary

SWAP

Increasing Short

496

1.8546 GBP

10p ordinary

SWAP

Increasing Short

3,036

1.8502 GBP

10p ordinary

SWAP

Increasing Short

177,952

1.8572 GBP

10p ordinary

SWAP

Increasing Short

215,844

0.0000 GBP

10p ordinary

SWAP

Opening Long

105

1.8334 GBP

10p ordinary

SWAP

Opening Long

228

1.8453 GBP

10p ordinary

SWAP

Opening Long

306

1.8523 GBP

10p ordinary

SWAP

Opening Long

497

1.8443 GBP

10p ordinary

SWAP

Opening Long

688

1.8473 GBP

10p ordinary

SWAP

Opening Long

1,517

1.8575 GBP

10p ordinary

SWAP

Opening Long

2,440

1.8580 GBP

10p ordinary

SWAP

Opening Long

869,032

0.0000 GBP

10p ordinary

CFD

Opening Short

1

1.8500 GBP

10p ordinary

SWAP

Opening Short

295

1.8334 GBP

10p ordinary

SWAP

Opening Short

647

1.8453 GBP

10p ordinary

SWAP

Opening Short

867

1.8523 GBP

10p ordinary

SWAP

Opening Short

1,408

1.8443 GBP

10p ordinary

SWAP

Opening Short

1,956

1.8473 GBP

10p ordinary

CFD

Opening Short

3,963

1.8435 GBP

10p ordinary

SWAP

Opening Short

4,312

1.8575 GBP

10p ordinary

CFD

Opening Short

6,206

1.8300 GBP

10p ordinary

SWAP

Opening Short

78,288

1.8580 GBP

10p ordinary

CFD

Opening Short

504,083

0.0000 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

06 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213